Advanced Technology on Wall Street - Rumors from the Trade Show Floor

New York is always an exciting, energetic city to visit and ... was made even more so as I attended the (recent) 'HPC & AI on Wall Street' conference, which HPCWire are now championing. It was well worth the train ride from Boston and interesting to see the varied mix of attendees present and hear how HPC and AI is evolving in the world of finance. All sectors of the financial services industry (FSI) were represented at the conference from traditional, old school banks to venture capital firms, fintechs and hedge funds. AI adoptions varied from integrating machine learning into existing applications and processes to mining unearthly amounts of market data for a trading edge. My first lesson was there is a dichotomy between too much data volume and insufficient data context within this community. Don't worry the bank account and market value data is as solid as always.